MAHINDRA LOGISTIC LIMITED (MAHLOG) financials

MAHINDRA LOGISTIC LIMITED (MAHLOG) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Mahindra Logistics Ltd is an integrated logistics & mobility solutions provider. The company offers Supply Chain expertise to diverse industry verticals such as Automotive, Engineering, Consumer Goods, Pharmaceuticals, Telecommunications, Commodities, and E-commerce.[1]

Market Cap: ₹3,946Cr.
Current Price: ₹398
Stock P/E: 58.0
ROE: 4.37%
ROCE: 7.56%
Book Value: ₹149
Dividend Yield: 0.63%
52W High / Low: ₹451/275

In Jun 2026, MAHINDRA LOGISTIC LIMITED (MAHLOG) reported sales ₹1,655 Cr and net profit ₹29 Cr.

Annual TTM: sales ₹5,981 Cr, net profit ₹66 Cr.

Shareholding: Promoters 59.54% (Sep 2026), FIIs 5.33% (Sep 2026), DIIs 13.78% (Sep 2026), Public 21.35% (Sep 2026), No. of Shareholders 74,601% (Sep 2026).

MAHLOG quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,236	1,327	1,293	1,346	1,367	1,545	1,414	1,655
Expenses	1,167	1,250	1,213	1,267	1,285	1,452	1,315	1,550
Operating Profit	69	77	80	79	82	93	99	105
OPM %	6%	6%	6%	6%	6%	6%	7%	6%
Other Income	2	4	1	2	2	-1	3	8
Interest	12	15	14	16	17	14	12	12
Depreciation	47	51	50	56	63	62	61	63
Profit before tax	12	15	17	9	5	15	29	39
Tax %	26%	24%	25%	26%	26%	26%	26%	25%
Net Profit	9	12	13	6	4	11	21	29
EPS in Rs	0.86	1.17	1.32	0.65	0.38	1.15	2.15	2.92
Raw PDF	—	—	—	—	—	—	—	—

MAHLOG profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	3,261	2,959	3,631	4,459	4,530	5,013	5,672	5,981
Expenses	3,113	2,838	3,451	4,182	4,235	4,715	5,317	5,602
Operating Profit	148	121	180	277	295	298	355	379
OPM %	4.5%	4.1%	5.0%	6%	6%	6%	6%	6%
Other Income	13	11	9	15	13	11	4	13
Interest	14	17	26	41	44	54	59	55
Depreciation	66	83	130	169	178	196	242	249
Profit before tax	81	33	33	80	86	58	58	88
Tax %	32%	26%	25%	20%	28%	25%	26%	—
Net Profit	55	24	24	65	62	44	43	66
EPS in Rs	5.60	2.44	2.47	6.52	6.26	4.39	4.34	6.60
Dividend Payout %	19%	75%	59%	28%	29%	41%	58%	—

MAHLOG balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	71	72	72	72	72	72	72	99
Reserves	427	474	494	503	556	603	627	1,377
Borrowings	0	165	240	361	555	464	560	559
Other Liabilities	622	620	782	913	976	989	1,059	999
Total Liabilities	1,121	1,330	1,587	1,849	2,159	2,128	2,318	3,034
Fixed Assets	44	210	346	474	551	529	592	778
CWIP	3	15	3	14	4	0	46	6
Investments	99	21	76	137	260	332	419	855
Other Assets	976	1,084	1,161	1,224	1,344	1,267	1,261	1,395
Total Assets	1,121	1,330	1,587	1,849	2,159	2,128	2,318	3,034

MAHLOG cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	92	80	281	204	146	249	382	256
Cash from Investing Activity	-92	35	-105	-150	-148	-103	-226	-601
Cash from Financing Activity	-10	-71	-77	-121	-14	-245	-127	364
Net Cash Flow	-11	44	98	-66	-16	-99	28	19
Free Cash Flow	60	19	214	113	84	194	241	180
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	95%	77%	189%	145%	78%	86%	119%	97%

MAHLOG shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	58.03%	57.97%	57.97%	59.60%	59.60%	59.58%	59.58%	59.54%
FIIs	5.02%	5.22%	4.79%	3.86%	4.40%	4.82%	4.09%	5.33%
DIIs	15.92%	13.85%	13.87%	13.65%	12.33%	13.86%	14.44%	13.78%
Public	21.03%	22.96%	23.38%	22.89%	23.68%	21.74%	21.90%	21.35%
No. of Shareholders	80,208	80,315	79,055	80,924	79,138	75,954	75,213	74,601

MAHLOG key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	48	53	50	41	37	41	34	33
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	48	53	50	41	37	41	34	33
Working Capital Days	16	17	3	-9	-20	-13	-9	-10
ROCE %	29%	16%	7%	7%	11%	11%	9%	8%

MAHLOGUpdated 21 Oct 2026, 0:43

Mahindra Logistic Limited

MAHLOGUpdated 21 Oct 2026, 0:43

Market Cap

₹3,946Cr.

Current Price

₹398

High / Low

₹451/275

Stock P/E

58.0

ROE4.37%

ROCE7.56%

Book Value₹149

Face Value₹10.0

Dividend Yield0.63%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1051	12	968	5	45	31	26	23	2.32
Sep 2023	1136	11	1062	6	44	26	27	19	1.88
Dec 2023	1160	10	1089	2	44	19	34	13	1.26
Mar 2024	1183	12	1119	2	44	10	22	8	0.79
Jun 2024	1157	13	1085	4	48	14	26	10	1.03
Sep 2024	1236	12	1167	2	47	12	26	9	0.86
Dec 2024	1327	15	1250	4	51	15	24	12	1.17
Mar 2025	1293	14	1213	1	50	17	25	13	1.32
Jun 2025	1346	16	1267	2	56	9	26	6	0.65
Sep 2025	1367	17	1285	2	63	5	26	4	0.38
Dec 2025	1545	14	1452	-1	62	15	26	11	1.15
Mar 2026	1414	12	1315	3	61	29	26	21	2.15
Jun 2026	1655	12	1550	8	63	39	25	29	2.92

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1883	0	1824	8	6	61	34	40	4.94
Mar 2016	1995	0	1944	13	6	57	35	37	4.57
Mar 2017	2589	0	2521	9	9	68	34	45	4.79
Mar 2018	3220	0	3114	5	13	97	36	62	6.36
Mar 2019	3666	0	3527	7	15	130	35	84	8.6
Mar 2020	3261	14	3113	13	66	81	32	55	5.6
Mar 2021	2959	17	2838	11	83	33	26	24	2.44
Mar 2022	3631	26	3451	9	130	33	25	24	2.47
Mar 2023	4459	41	4182	15	169	80	20	65	6.52
Mar 2024	4530	44	4235	13	178	86	28	62	6.26
Mar 2025	5013	54	4715	11	196	58	25	44	4.39
Mar 2026	5672	59	5317	4	242	58	26	43	4.34
TTM	5981	55	5602	13	249	88	—	66	6.6

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	59.54%
FIIs	5.33%
DIIs	13.78%
Public	21.35%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	58.04%	5.92%	15.71%	20.31%
Mar 2024	58.04%	5.77%	17.37%	18.8%
Jun 2024	58.03%	5.51%	17.51%	18.94%
Sep 2024	58.03%	4.95%	18.22%	18.81%
Dec 2024	58.03%	5.02%	15.92%	21.03%
Mar 2025	57.97%	5.22%	13.85%	22.96%
Jun 2025	57.97%	4.79%	13.87%	23.38%
Sep 2025	59.6%	3.86%	13.65%	22.89%
Dec 2025	59.6%	4.4%	12.33%	23.68%
Mar 2026	59.58%	4.82%	13.86%	21.74%
Jun 2026	59.58%	4.09%	14.44%	21.9%
Sep 2026	59.54%	5.33%	13.78%	21.35%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	60	206	0	237	502	20	0	121	362	502
Mar 2016	60	244	0	250	553	21	0	78	453	553
Mar 2017	68	281	0	420	769	28	1	70	670	769
Mar 2018	71	348	0	493	912	31	1	63	818	912
Mar 2019	71	427	0	622	1121	44	3	99	976	1121
Mar 2020	72	474	165	620	1330	210	15	21	1084	1330
Mar 2021	72	494	240	782	1587	346	3	76	1161	1587
Mar 2022	72	503	361	913	1849	474	14	137	1224	1849
Mar 2023	72	556	555	976	2159	551	4	260	1344	2159
Mar 2024	72	603	464	989	2128	529	0	332	1267	2128
Mar 2025	72	627	560	1059	2318	592	46	419	1261	2318
Mar 2026	99	1377	559	999	3034	778	6	855	1395	3034

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	32	-173	101	-40
Mar 2016	-53	28	0	-25
Mar 2017	-34	1	0	-33
Mar 2018	2	8	6	16
Mar 2019	92	-92	-10	-11
Mar 2020	80	35	-71	44
Mar 2021	281	-105	-77	98
Mar 2022	204	-150	-121	-66
Mar 2023	146	-148	-14	-16
Mar 2024	249	-103	-245	-99
Mar 2025	382	-226	-127	28
Mar 2026	256	-601	364	19

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	36	43	56	55	48	53	50	41	37	41	34	33
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	36	43	56	55	48	53	50	41	37	41	34	33
Working Capital Days	3	15	18	16	16	17	3	-9	-20	-13	-9	-10
ROCE %	—	20%	21%	25%	29%	16%	7%	7%	11%	11%	9%	8%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MAHINDRA LOGISTIC LIMITED (MAHLOG)?

The reported market capitalisation for MAHINDRA LOGISTIC LIMITED (MAHLOG) is ₹3,946Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MAHLOG?

The current price shown for MAHINDRA LOGISTIC LIMITED (MAHLOG) on Fincrux is ₹398 with a 52-week high/low of ₹451/275.

What is the P/E ratio of MAHINDRA LOGISTIC LIMITED (MAHLOG)?

The stock P/E for MAHINDRA LOGISTIC LIMITED (MAHLOG) is 58.0 on Fincrux, with ROE at 4.37% and ROCE at 7.56%.

What were MAHLOG latest quarterly results?

For Jun 2026, MAHINDRA LOGISTIC LIMITED (MAHLOG) reported sales ₹1,655 Cr and net profit ₹29 Cr (figures in ₹ crore unless noted).

What are MAHLOG annual sales and net profit?

For TTM, MAHINDRA LOGISTIC LIMITED (MAHLOG) shows sales of ₹5,981 Cr and net profit of ₹66 Cr on the Fincrux profit & loss statement.

Who owns MAHINDRA LOGISTIC LIMITED (MAHLOG)?

Latest shareholding for MAHINDRA LOGISTIC LIMITED (MAHLOG) on Fincrux: Promoters 59.54% (Sep 2026), FIIs 5.33% (Sep 2026), DIIs 13.78% (Sep 2026), Public 21.35% (Sep 2026), No. of Shareholders 74,601% (Sep 2026).

Where can I find MAHINDRA LOGISTIC LIMITED (MAHLOG) financials?

MAHINDRA LOGISTIC LIMITED (MAHLOG) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MAHLOG balance sheet and cash flow?

Yes. The MAHINDRA LOGISTIC LIMITED (MAHLOG) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 21 October 2026 at 0:43